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Danish Business Delegation to Korea - Danish Design Association

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<strong>Danish</strong> <strong>Business</strong> <strong>Delegation</strong> <strong>to</strong> <strong>Korea</strong><br />

Save the dates 13-16 May 2012 for T.R.H. the Crown Prince Couple’s visit <strong>to</strong> <strong>Korea</strong><br />

and solutions are introduced <strong>to</strong> the<br />

world market. The fast development<br />

presents exciting business opportu-<br />

<br />

know-how or already commercialized<br />

products.<br />

DEFENCE TECHNOLOGY<br />

The <strong>Korea</strong>n government has actively<br />

supported its defence industry for<br />

the last 40 years and encouraged<br />

military research and product development.<br />

The result is a healthy<br />

amount of companies producing<br />

defence equipment and technology.<br />

Through the last years <strong>Korea</strong>n companies<br />

have secured major contracts<br />

<br />

battle tanks <strong>to</strong> both Turkey and<br />

Indonesia and therefore having a<br />

<br />

economy. With large productions<br />

capabilities already in place in<br />

<br />

<br />

advanced software-, communication-,<br />

surveillance- and moni<strong>to</strong>ring<br />

technology.<br />

FOOD TECHNOLOGY AND<br />

FOOD SAFETY<br />

Food safety is a major issue in <strong>Korea</strong><br />

and the <strong>Korea</strong>n food and agriculture<br />

sec<strong>to</strong>r is currently investing extensively<br />

<strong>to</strong> meet the demands set by<br />

<br />

legislation. Food manufacturing<br />

in general and slaughterhouses in<br />

particular are therefore areas where<br />

<strong>Danish</strong> experience, know-how and<br />

solutions are needed. Outdated<br />

<strong>Korea</strong>n slaughterhouses are currently<br />

being consolidated in<strong>to</strong> fewer,<br />

larger and more modern facilities<br />

by 2015 and <strong>Danish</strong> technology is<br />

already playing a key role in the process<br />

with the possibility of playing<br />

an even more central role in years<br />

ahead.<br />

The legislation concerning slaughterhouses<br />

is expected <strong>to</strong> be further<br />

strengthened before the end of 2011<br />

as regards requirements for the collection<br />

of blood providing further<br />

export opportunities for <strong>Danish</strong><br />

meat technology.<br />

T.R.H. the Crown Prince Couple’s<br />

visit will provide an unique opportunity<br />

<strong>to</strong> strengthen the relationships<br />

<strong>to</strong> key <strong>Korea</strong>n decision makers and<br />

establish Denmark and <strong>Danish</strong> meat<br />

related technology.<br />

FOOD<br />

The Free Trade Agreement between<br />

the EU and South <strong>Korea</strong> from Febru-<br />

<br />

Asian country, and the most comprehensive<br />

of its kind. South <strong>Korea</strong> is<br />

the 15 th largest economy, and characterised<br />

as one of the Next 11 growth<br />

markets. This agreement will gradu-<br />

riers,<br />

greatly improving the access of<br />

food and agricultural products <strong>to</strong> this<br />

very attractive market.<br />

<br />

<br />

7,5 bill. DKK were removed, and<br />

it is estimated that European food<br />

and agriculture exporters will save<br />

around 380 mill. DKK annually as<br />

a direct consequence of the lowered<br />

<br />

this will position South <strong>Korea</strong> as the<br />

4th most important market outside<br />

Europe after USA, China and Japan.<br />

Currently, the <strong>Danish</strong> pig meat sec<strong>to</strong>r’s<br />

annual export <strong>to</strong> <strong>Korea</strong> reaches<br />

145 mill. DKK, while the equivalent<br />

for the <strong>Danish</strong> dairy sec<strong>to</strong>r amounts<br />

<strong>to</strong> 25 mill. DKK.<br />

4

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